Second Heart

Salt Lake City, United States Founded: 2015 • Age: 11 yrs
A minimally invasive circulatory support platform
Annual revenue - Latest available
Total funding $34.0M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Second Heart

Second Heart is a company based in Salt Lake City (United States) founded in 2015 by Jeff Donofrio and Howard Leonhardt. Second Heart has raised $33.98 million across 3 funding rounds from investors including Patel Property Investments. Second Heart offers products and services including Whisper and Freedom. Second Heart operates in a competitive market with competitors including Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart, among others.

  • Headquarter Salt Lake City, United States
  • Founders Jeff Donofrio, Howard Leonhardt
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Second Heart Assist Inc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $33.98 M (USD)

    in 3 rounds

  • Latest Funding Round
    $14.67 M (USD), Series C

    Dec 31, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of Second Heart

Second Heart offers a comprehensive portfolio of products and services, including Whisper and Freedom.

Product name locked
Category locked
Primary

Provides mechanical circulatory support for heart failure patients in clinical trials.

Product name locked
Category locked
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Offers chronic heart support through wireless technology for improved function.

People of Second Heart

Headcount 10-50
Employee Profiles 17
Board Members and Advisors 4
Employee Profiles
People
Stuart Kozlick
Chief Operating Officer
People
Alex Richardson
Chief Technology Officer & VP, Engineering & Product Development

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Board Members and Advisors
people
Patrick Griffith
Senior Advisor, CardioThoracic Surgery

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Funding Insights of Second Heart

Second Heart has successfully raised a total of $33.98M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $14.67 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Second Heart

Second Heart has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Patel Property Investments.

All
Venture Fund
Investor Description Founded Year Domain Location
A real estate investment enterprise focused on property deals.
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Investor details for Second Heart

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Investments & Acquisitions by Second Heart

Investments
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Investment portfolio details for Second Heart

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Second Heart

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Detailed financials for Second Heart

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Second Heart Comparisons

Second Heart Primary company
Description
A minimally invasive circulatory support platform
Location
Salt Lake City, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Second Heart

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Competitors of Second Heart

Second Heart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart, among others.

Company Name Domain Founded year HQ Location Description
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Implantable battery-powered pumps for ascites removal are developed.
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Implantable technology for hypertension and heart failure is developed.
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Miniaturized ventricular assist devices are developed for heart failure treatment.
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Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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Minimally invasive ventriculoplasty system for heart failure and FMR
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Total artificial hearts are developed for cardiac replacement therapy.
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Detailed competitors of Second Heart

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Latest news on Second Heart

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Complete news archive for Second Heart

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Frequently Asked Questions about Second Heart

Second Heart was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Second Heart is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Jeff Donofrio is the current CEO of Second Heart. They have also founded this company.

Second Heart is a funded company, having raised a total of $33.98M across 3 funding rounds to date.

Second Heart was founded in 2015 in Salt Lake City, United States, within the medical device sector focused on cardiovascular care. A proprietary aortic stent pump technology is utilized to create a circulatory support platform, deployed through low-profile catheter-based methods. An initial temporary assist pump is targeted for acute decompensated heart failure patients and high-risk percutaneous coronary interventions. A subsequent wirelessly powered device is intended for chronic heart failure support.

Second Heart's top competitors include Sequana Medical, CVRx and Adona Medical.

Second Heart offers Whisper and Freedom.

Second Heart has 1 investor. Key investors include Patel Property Investments.

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